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Global freight ships set defensive plans for Israel-Iran conflict, Strait of Hormuz risks
- Israel began launching airstrikes on Iranian targets on Thursday amid escalating conflict involving Iran's threats near the Strait of Hormuz.
- Iran has frequently warned that it might block the Strait of Hormuz during times of heightened regional tensions, with recent remarks indicating that such a shutdown is currently being seriously contemplated.
- Despite Iran's extensive maritime threats, including naval mines and missile systems, the critical waterway linking the Persian Gulf to the Gulf of Oman continues to operate normally with uninterrupted commercial shipping.
- Israel's military has demonstrated long-range strike abilities, targeting Iranian leaders and facilities while warning Tehran that all regime targets are on their hit list.
- Iran’s threats to close the Strait could disrupt global oil markets and escalate regional tensions, but questions remain about Tehran's willingness and capacity to act decisively.
66 Articles
66 Articles
Possible shipping insurance premium hike amid Gulf conflict to affect Philippines--solon
Albay 2nd district Rep. Joey Salceda is prodding the Maritime Industry Authority (Marina) and the Department of Trade and Industry (DTI) to closely monitor possible hikes in shipping insurance premiums due to the ongoing conflict between Israel and Iran.In a statement Sunday, June 15, the outgoing congressman reckoned that the two agencies should monitor shipping insurance trends and assess if premium surcharges require government support for cr…
The Ormuz Strait is a strategic maritime route for the global economy, with more than 20% of the world oil transiting there. Iran threatens to block it.
The conflict risks unleashing a new dear-greggio with direct consequences on the consumption of the Italians, beginning just from the cost of the fuels. The operation EU Aspides along the main lines of marine communication in an area that includes the Strait of Baab al-Mandab and the Strait of Hormuz
In the "shadow" of the military conflict with Israel, Iran is threatening to "block" one of the most strategic passages for international energy trade - Estimates of the consequences and the belief that, ultimately, it will not do so
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